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To: Gregory Cole Brock who wrote (613)5/19/1998 3:07:00 PM
From: set  Respond to of 1494
 
Greg - open interest on that option was 20 contracts
before yesterday. it's now 433 contracts. I have no
doubt it was a reaction to brazil and russia.



To: Gregory Cole Brock who wrote (613)5/20/1998 11:35:00 AM
From: John Howell  Read Replies (1) | Respond to of 1494
 
I thought about hedging the stock in my IRA (500 sh) with some options in my "batchelor" account. When the stock went below 23 the other day I said "screw it" and levved up by going long some July 20 calls. Sold the calls yesterday for a small profit. Bought some July 17.5's this AM. I've done some more homework and have come to the conclusion that this might be your best pick yet. Hope to see you at 30+.


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